Market Risk Analysis and Control (MRAC) - Business Aligned Rates and Commodities, VP

In Scope of Position based Promotions Job Title: Market Risk Analysis and Control (MRAC) - Business Aligned Rates and Commodities, VP Location: Mumbai, India Role Description Market and Valuation Risk Management (MVRM) provides independent oversight of market risks and valuations to Deutsche Bank's senior management. The Market Risk team independently manages Deutsche Bank's market risk positions. You will join the Market Risk Analysis and Control (MRAC) function within MVRM. This role involves overseeing all Business-As-Usual (BAU) MRAC activities for Rates business and supporting the expanding Commodities business. The MRAC function delivers official market risk metrics and core analysis to support risk management decision-making. The global team operates across London, New York, Singapore, Mumbai, and Pune, using a business/asset class and risk metric-aligned matrix supported by central functions. This role provides exposure to sophisticated risk management techniques, including the analysis and computation of VaR, SVaR, RNIV, Business Specific Stress Testing, Economic Capital, Incremental Risk Charge, and Backtesting for diverse vanilla and derivative products. The MRAC team utilizes advanced automation and visualization tools (e.g., Python, VBA, Tableau, AI) to deliver value-added analytical outputs. As a Vice President, a senior MRAC role, you will need deep expertise in risk management concepts, a thorough understanding of calculation methodologies, and excellent stakeholder and team management skills. Proficiency in automation tools such as Python and Tableau is also required. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities In this Vice President role, your primary responsibilities will include: Rates and Commodities BAU Management:  Effectively manage Rates team BAU under Rates & GFX MRAC Lead oversight. For Commodities, manage existing Book of Work and onboard new requirements with Commodities MRM. Risk Analysis & Commentary:  Deliver high-quality analysis and commentary on Day-over-Day (DoD) risk explanations and business risk profiles, providing clear, actionable insights.

Leadership:  Lead a team of Assistant Vice Presidents (AVPs) and Associates, ensuring high-quality deliverables. Operating Model Development:  Contribute to defining and delivering the Front-to-Back target operating model, processes, controls, and reporting for VaR, Economic Capital (EC), and other key metrics. Stakeholder Engagement:  Foster effective engagement with key Market Risk Management (MRM) and Front Office stakeholders. Work Prioritization:  Prioritize work to deliver core responsibilities, efficient risk analysis, and ad-hoc requests. Hands-on Contribution:  Actively participate in executing processes and providing daily BAU and ad-hoc analysis, demonstrating both management and practical involvement. Continuous Improvement:  Drive process improvement via automation tools, strategic tool adoption, and standardization of analysis and reports across asset classes. Data Quality:  Resolve data quality issues (FO feeds, methodology errors) and implement consistent analytical use cases across business-aligned teams. Issue Transparency:  Provide timely and full transparency of issues impacting Rates and Commodities to immediate managers and MRAC senior management. Cross-Team Collaboration:  Partner with the wider MRAC Asset Class team and other VPs to drive key projects and standardization. Broader Impact Communication: